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The role of the state in financing recurrent education: Lessons from European experience
Authors:Glennerster  Howard
Institution:1.London School of Economics, UK
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Abstract:

This paper first considers what recurrent education is and what economic case might be made out for the State finance of adult education. The traditional arguments on grounds of efficiency and equity are difficult to sustain but a case can be made out that the imperfections in the present State finance and provision of higher education in Britain discourages a free choice amongst individuals between work, education, leisure and retirement. The second part of the article reviews European development in the finance of recurrent education. The third section draws some policy conclusions for Britain and the United states.

Keywords:
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